Business

Indiabulls to Acquire 70% Stake in Fintech Cloud for ₹1,050 Crore; To Enter Fintech Segment

Indiabulls to Acquire 70% Stake in Fintech Cloud for ₹1,050 Crore; To Enter Fintech Segment

Mumbai (Maharashtra) [India], September 12: Indiabulls Limited, formerly known as Yaari Digital Integrated Services Limited, has entered into a definitive agreement to acquire a 70% stake in Fintech Cloud Private Limited for a consideration of ₹1,050 crore, according to a regulatory filing dated September 11, 2026. The transaction values Fintech Cloud at an equity valuation of ₹1,500 crore. The proposed acquisition will be undertaken through an NCLT-approved scheme involving Indiabulls and the shareholders holding the 70% stake in the target company. Acquisition to Expand Presence in Fintech Fintech Cloud Private Limited operates as a Loan Service Provider (LSP) for various…
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Raymond Limited’s Aerospace Subsidiary Wins Multi-Programme Aerospace Orders from a Leading Indian Aerospace and Defence Major

Raymond Limited’s Aerospace Subsidiary Wins Multi-Programme Aerospace Orders from a Leading Indian Aerospace and Defence Major

Mumbai (Maharashtra) [India], September 11: Raymond Limited, the flagship company of the Raymond Group, today announced that during the quarter the Company’s Aerospace subsidiary secured significant new aerospace business from a leading Indian aerospace and defence major. The award covers more than 300+ part numbers — precision-machined, casting and structural — across multiple aircraft applications, with annual volumes exceeding 37,000+ components. As expected production rates, this represents annual business potential of approximately ₹33 crore. Production commences progressively across 2026 and 2027. Scope spans precision machining, aerospace castings, structural components and complex assemblies, extending the Company’s participation across a wider portion…
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The House of Makeba Launches O’Vanta, India’s First-of-Its-Kind Interactive, Immersive Dining Experience

The House of Makeba Launches O’Vanta, India’s First-of-Its-Kind Interactive, Immersive Dining Experience

Ahmedabad (Gujarat) [India], September 11: The House of Makeba, Gujarat’s growing vegetarian dining brand, has entered the experience-led dining space with the launch of O’Vanta by House of Makeba, an immersive dining concept at Spectra Museum, Science City Road, Ahmedabad. The concept brings together food, light, sound, aroma and storytelling to create a synchronised dining experience. Launched on 24th August 2026, O’Vanta is positioned as the first fully themed, interactive, immersive dining concept of its kind in India, with every table moving through the same narrative at the same pace. Unlike a conventional restaurant where ambience complements the food, O’Vanta has been conceived…
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Century Business Media Limited IPO Opens On 11th September, Sets Price Band At Rs 70 to Rs 74 Per Share

Century Business Media Limited IPO Opens On 11th September, Sets Price Band At Rs 70 to Rs 74 Per Share

New Delhi [India], September 11: Century Business Media Limited is poised for its initial public offering (IPO), with plans to raise INR 17.11 crores through the issuance of 23.12 lakh new shares. For its SME Initial Public Offering (IPO), Century Business Media Limited has established a price band of Rs 70 to Rs 74 per share. The company’s shares will open for subscription on September 11, 2026 and closes on September 16, 2026. These will be listed on the BSE SME, with a projected listing date of September 21, 2026. Hem Securities Ltd. is the book running lead manager and…
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Kellton Wins First Prize at SEBI’s Securities Market TechSprint 2026, Turning Regulation into Code with Agentic AI

Kellton Wins First Prize at SEBI’s Securities Market TechSprint 2026, Turning Regulation into Code with Agentic AI

Mumbai (Maharashtra) [India], September 11: Kellton, an AI-led digital transformation and technology consulting company, today announced that it has been declared the First Prize Winner of the Securities Market TechSprint 2026, a national innovation challenge organised by the Securities and Exchange Board of India (SEBI) in collaboration with market infrastructure institutions and industry bodies, on the theme “Innovation in Action: Shaping Securities Market for Tomorrow.” The result was announced at the closing ceremony of Global Fintech Fest 2026, held at Jio World Centre, Mumbai. The TechSprint brought together hundreds of teams from across India in a rigorous, multi-stage competition. Of…
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Duroply launches DURO HDMMR™ – High Density Max Moisture Resistant Engineered Board

Duroply launches DURO HDMMR™ – High Density Max Moisture Resistant Engineered Board

New Delhi [India], September 10: Duroply Industries Limited is expanding its existing product portfolio in the engineered wood panel category. The Company will trade in MDF/HDF boards, starting its first product line under the brand name DURO HDMMR. Engineered with a dense, calibrated core and heat-treated construction**, DUROHDMMR **is designed to resist warping and moisture-related damage over time, holding its shape, screws, and finish under conditions that test ordinary boards. Suited for environments exposed to moisture, pests, and frequent use, it is built for daily-use applications- not display purposes alone. The Company has adopted an asset-light business model, without any…
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SBICAP Securities Limited, in partnership with Appreciate, gives investors access to Global Markets powered by India INX GA and NSEIXGA

SBICAP Securities Limited, in partnership with Appreciate, gives investors access to Global Markets powered by India INX GA and NSEIXGA

SBICAP Securities, with Appreciate, enables global investing via GIFT City’s India INX GA and NSEIXGA platforms. Mumbai (Maharashtra) [India], September 10: SBICAP Securities Limited (SSL), a group company of State Bank of India, today announced a strategic partnership with Appreciate Broking IFSC Pvt. Limited, an IFSC-registered intermediary, to enable retail investors seamless access to international investment opportunities through the regulated GIFT City IFSC ecosystem. The partnership, which will facilitate international investing through Appreciate, was inaugurated by Shri Challa Sreenivasulu Setty, Chairman – State Bank of India, at the Global Fintech Fest in Mumbai. Through this partnership, SBICAP Securities Limited enables…
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Wizz partners with Appreciate to enable seamless global Investing through Wizz Financial App

Wizz partners with Appreciate to enable seamless global Investing through Wizz Financial App

The partnership brings global investing to Wizzmoni’s customers through a simple, digital experience powered by Appreciate’s GIFT City IFSC infrastructure Mumbai (Maharashtra) [India], September 10: Wizzmoni Financial Services Limited (formerly Unimoni Financial Services Limited), one of India’s leading foreign exchange and financial services providers, today announced a strategic partnership with Appreciate, a global investing infrastructure platform, to enable its customers to invest in global markets seamlessly through the Wizz Financial App. Through the partnership, Wizzmoni will integrate Appreciate’s global investing infrastructure through an SDK, enabling retail and HNI customers to access US-listed stocks and Global Mutual Funds directly through the…
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Patil Automation Board Approves Rs 96.38 Crore Preferential Fund Raise

Patil Automation Board Approves Rs 96.38 Crore Preferential Fund Raise

Mumbai (Maharashtra) [India], September 10: September 10, 2026: Patil Automation Limited (NSE: PATILAUTOM | INE17GV01016), a leading provider of turnkey welding, assembly and robotics-integrated automation solutions, has announced that its Board of Directors has approved a proposal to raise an aggregate amount of ₹96.38 crore through a preferential issue of Equity Shares and Convertible Warrants, subject to the approval of the Members of the Company. ₹96.38 Crore Preferential Issue at a Glance Equity Shares • Quantity: Up to 20,94,000 shares • Issue Price: ₹246 per share • Amount: Up to ₹51.51 crore Convertible Warrants • Quantity: Up to 18,24,000 warrants • Issue Price: ₹246 per warrant • Amount: Up to ₹44.87 crore Total • ₹96.38…
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Fredun Pharmaceuticals Ltd. Acquires , from Pharma Major USV & its subsidiary Wellbeing Nutrition

Fredun Pharmaceuticals Ltd. Acquires , from Pharma Major USV & its subsidiary Wellbeing Nutrition

Mumbai (Maharashtra) [India], September 10: Fredun Pharmaceuticals Limited (FPL), has acquired Furlicks, an innovative pet-wellness brand focused on convenient, easy-to-administer oral-strip solutions for pets. The acquisition of Furlicks from USV & Wellbeing Nutrition brings the brand’s differentiated product innovation and consumer understanding into the FPL Group. This move further creates an opportunity to leverage FPL’s established capabilities in manufacturing, product development, quality systems, R&D, supply chain and distribution in the pet-care industry. With pet parenting evolving from a predominantly need-based approach towards a more proactive focus on preventive health, the acquisition comes at a time when pet parents are becoming…
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